262 Malcolm X Blvd - Storefront Retail/Residential FOR SALE


New York, NY 10027- Central Harlem
$2,395,000 USD
914-343-4421
262 Malcolm X Blvd, New York, NY for Sale
$2,395,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | Request Cap Rate

262 Malcolm X Blvd
New York, NY 10027
Central Harlem


HIGHLIGHTS

  • An ideal investment opportunity, the building is located on the iconic Lenox Avenue of Harlem
  • Enjoy meals at famous spots like Red Rooster, Corner Social, or Sylvia’s, followed by a performance at The Apollo or a movie at the AMC theater
  • Multiple subway lines (2/3, 4/5/6, A/C, B/D), Metro North trains, bus routes, and CitiBikes, transportation in this central location is a breeze

OVERVIEW

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 262 Lenox Avenue, New York, NY 10027. Built circa 1915, is comprised of a 4-story 4,624± SF vacant building built on a 1,500± SF lot. This property offers a wealth of potential, featuring a two-story commercial space along with two spacious two-bedroom units. The property is currently zoned R7-2 with a 3.44 F.A.R for residential and 6.5 F.A.R. for facility use. The Property is located in the Mount Morris Park Historic District on the east side of Lenox Avenue between West 123rd Street and West 124th Street, just 2 short blocks to the 125th Street [2,3] subway station.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$518 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,498 SF

ZONING

Mixed Use

APN/PARCEL ID

1721-0036

ASK ABOUT THIS PROPERTY

Jay BernsteinBesen PartnersMore Info
914-343-4421

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Jay BernsteinBesen PartnersMore Info
914-343-4421

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.